$36 million-fraud case brought to the court

SOC TRANG (VNS) — The People Court in southern Soc Trang Province has begun hearing a case of fraud in the Phuong Nam Food Processing Company.

The case, involving acquisition of property and violation of credit regulations, is considered the biggest-ever such case in the Cuu Long (Mekong) Delta provinces.

As per case papers, the director of the company, Lam Ngoc Khuan, and his daughter, Lam Ngoc Han, a Vietnamese American, were the masterminds behind the fraud as they had given instructions to the chief accountant, Lam Minh Man, and vice director, Trinh Thi Hong Phuong, to carry out fraudulent acts.